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re: Tips from MT Coin Collectors

Posted on 1/17/13 at 10:44 am to
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 1/17/13 at 10:44 am to
Posted by Lsut81
Member since Jun 2005
80092 posts
Posted on 1/17/13 at 10:49 am to
quote:

Approximately 375 coins which include about 350 U.S. coins and 25 foreign coins, including 10 coins from Nazi Germany. (Please don't reply "Germans." )


Persians?


Im considering going through all of the bulk I have and pulling out a coin from every year to keep and then selling off the bulk
Posted by Great Plains Tiger
Member since Sep 2005
234 posts
Posted on 1/17/13 at 4:00 pm to
I have full sets (no error coins) in Whitman books of the following:

Indian Head Cent (1856-1909)
(2) Lincoln Cents (1909-mid 1970's) - one set is missing 1909-S VDB
Liberty Head Nickels (1883-1913)
(4)Jefferson Nickles (1938-1964)
Mercury Dimes (1916-1945)
Roosevelt Dimes (1946-mid 1970's)
Washington Head Quarter (1932 - Mid 1970's)
Liberty Halves (1937-1947)
Franklin Halves (1948-1963)
Peace Dollar (1921-1935)

Various (nothing rare) double eagles, quarter eagles and dollar gold pieces
Various CC dollars and Dollars minted in New Orleans
Various mid-20th century proof sets
A few pages of early 20th century US paper currency
A few pages of confederate currency
A few pages of late 19th century and early 20th century Northern European coins
A couple of roman coins (they look roman - I really don't know what the hell they are)
Some Spanish Reals
A few dozen random Peace and Morgan Dollars
A few dozen silver eagles
Multiple rolls of silver mid 20th century US dimes & quarters
Multiple rolls of wheat pennies
A wooden nickel

I am not a big fan of the silver eagles because they never circulate. They are nice coins and lots of people collect them, but they are all MS and minted to be collected so I don't see how they will have the numismatic value of the coins that actually circulated. However I do want the 1995-W and might buy one at a weak moment.

The only thing I've ever sold is the 2006 Silver Eagle 3 coin set w/ reverse proof....I have no intention of ever selling anything else it all has too much sentimental value. But I do hope to get my Daughter interested in it one day so she doesn't sell it all and go buy a bunch of worthless junk.



Posted by Broke
AKA Buttercup
Member since Sep 2006
65043 posts
Posted on 1/17/13 at 8:05 pm to
A few of the things that I have:

1981 Russian Proof Set:



Assortment of specialized coins from events or places:



Set of 1940 coins and rolls of unopened bicentennial halves:



Bucket of Susan B Anthony Dollars:



1864 Confederate $10 in Extra Fine condition:



Bicentennial Proof Set:



Commemerative Silver Dollar:





$2 bills and older foreign currency:



Half Dimes (one with O mint mark):



Fractional Currency, Confederate currency, silver certificates & $10 gold note:



Gold Notes, Louisiana Notes, Louisiana Baby Bond, Military Payment money & Confederate currency:



First Credit Card - Chargeaplate Baton Rouge:



Assortment of errors and old coins:



Huguenot half dollar commemorative piece Front and back:





Eisenhower dollars and 1921 Morgan:



1773 El Cazador Reale (shipwreck):



1829 Liberty Bust:



Uncut $2 bills and assortment of coins of all sorts:



Random coins I haven't cataloged:



Eisenhower dollar book and nickle book:



Ellis Island Commemorative:



More Random Stuff:



Old Mint Commemorative Proof:



Various proof sets:



And that's all I have time for. Thanks for looking.

This post was edited on 1/17/13 at 8:10 pm
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 1/17/13 at 8:18 pm to
Very nice Broke!

I will look closer tomorrow and I am sure to have some questions. Thanks again for sharing!
Posted by Broke
AKA Buttercup
Member since Sep 2006
65043 posts
Posted on 1/17/13 at 8:20 pm to
No worries. I wish I could break down each batch of coins individually to gives dates and kind and what have you but got damn, there is just so much here.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 1/17/13 at 8:25 pm to
No kidding! Would take days to organize all that!

eta: my collection is small enough that I could probably give dates on all my coins off the top of my head....
This post was edited on 1/17/13 at 8:26 pm
Posted by Broke
AKA Buttercup
Member since Sep 2006
65043 posts
Posted on 1/17/13 at 8:30 pm to
We all start at the same place. My parents started buying for me at around 3 years old. I pick up stuff here and there.
This post was edited on 1/17/13 at 8:34 pm
Posted by LSURussian
Member since Feb 2005
126951 posts
Posted on 1/17/13 at 8:35 pm to
Very nice!

Do you keep your coins at home or in a bank safe deposit box?

My neighbor kept his at home until his house was burglarized one morning. The burglars took every coin he had.

I go back and forth with mine leaving my collection in my safe deposit box most of the time but taking it out whenever I need to add new additions, or if I just want to look at some of the coins again.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65043 posts
Posted on 1/17/13 at 8:42 pm to
quote:

Do you keep your coins at home or in a bank safe deposit box?


Too much stuff for a Safe Deposit box. I keep them in a small fireproof safe (good stuff) and then a few lockable boxes. We have a home alarm though. It's not safe but it's just what I do. I like being able to come home and just look at it. Or take pictures like today. I also dropped a fricking box on my shin.
This post was edited on 1/17/13 at 8:44 pm
Posted by lilyankems
Member since Sep 2004
661 posts
Posted on 1/17/13 at 8:56 pm to
Some of the pictures posted in this thread of Ebay purchases are not great conditioned coins. Are the purchases being made due to being able to pick them up for cheaper than silver spot pricing in hopes of making a return if silver jumps up with the economy? I have been collecting for 20 years and have always gone by quality over quantity. Will post pictures soon.
Posted by drewnbrla
The Pool is closed.
Member since Mar 2011
7839 posts
Posted on 1/17/13 at 9:17 pm to
quote:

Broke


Now thats a collection. You sir, are a Great American!
Posted by Great Plains Tiger
Member since Sep 2005
234 posts
Posted on 1/17/13 at 9:32 pm to
I kept most of mine at home until last year when the collector in Gonzales was robbed and killed for his coins. After that mine went back to the safety deposit box.

Also, I agree with the previous poster to go in after quality, not quantity. I have a price guide from 1969 and the stuff that was expensive then is expensive now and the good stuff appreciates at faster rate. Of course, when you are new to the hobby it's a lot more rewarding to see a full allbum than empty space.
Posted by LSURussian
Member since Feb 2005
126951 posts
Posted on 1/17/13 at 10:14 pm to
quote:

Are the purchases being made due to being able to pick them up for cheaper than silver spot pricing in hopes of making a return if silver jumps up with the economy?

Not in my case. I just enjoy the coins for their history, artwork and beauty.

I've never sold a coin and have no plans to ever sell a coin regardless of what metal prices do.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 1/18/13 at 8:15 am to
Broke, how did you go about getting most of your coins? Coin shows? Ebay? Interwebzz?

I keep all, ha ha, of my coins in a fireproof safe right now. I also have an alarm on my house, soooo I feel pretty good about having them at the house for now. I too, like being able to look and hold them once or twice a week.

I have no plans to sell anything I have unless it could make me a multi-millionaire, so in other words, I will not sell them. For me, it is more trying to start something to leave for my family that could be passed down for generations. I want to leave more than just a check or money. Something with some sentimental value.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65043 posts
Posted on 1/18/13 at 8:42 am to
quote:

Some of the pictures posted in this thread of Ebay purchases are not great conditioned coins. Are the purchases being made due to being able to pick them up for cheaper than silver spot pricing in hopes of making a return if silver jumps up with the economy?


I have never bought from Ebay but my guess is that these guys are just starting their collections and it's cheaper than buying a MS65 from a dealer. And that's totally fine. They will eventually pick up one really nice piece. Then another, then another.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65043 posts
Posted on 1/18/13 at 8:44 am to
quote:

Broke, how did you go about getting most of your coins? Coin shows?


Most were gifts from my parents bought from Louisiana Gold and Gem (I think that is the name) and from individual dealers. I've picked some up from flea markets over the years but the bulk from Louisiana Gold. Which is crazy overpriced imo.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 1/18/13 at 8:53 am to
quote:

They will eventually pick up one really nice piece. Then another, then another.


To me, being new to the hobby, all of my pieces are nice to me! After looking around I have set my sights on some CC pieces and hopefully after a nice tax return this year and I will get one.

As of now, I only allow myself $100-150 a month, making it very hard to get some nice pieces. I also have other goals with that money currently such as acquiring silver until I get about 50 oz. Eventually, I will really start getting into the "good" stuff.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 1/18/13 at 8:57 am to
quote:

Most were gifts from my parents


See, to me that is awesome! My goal this year is instead of the "traditional" Christmas gifts for my kids and nieces and nephews, is finding some Morgan or Peace dollars and giving them instead. We usually spend around $50 for niece and nephew anyway, so it would be perfect! My problem is getting my wife on board.

Russian mentioned earlier that he likes to give gifts that are realted to birth years and what not, and that is so neat. Something I have never thought about before. Granted, the kids will probably open them now and treat them as if it is clothes inside, or try to spend it, but one day, it could really mean something to them.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65043 posts
Posted on 1/18/13 at 9:01 am to
quote:

Granted, the kids will probably open them now and treat them as if it is clothes inside, or try to spend it, but one day, it could really mean something to them.


They will. But a day will come when they really feel like you did a great thing. It took me years to realize what my parents were doing. And if you look at my stuff, I have some really cool things that I really enjoy looking at. I love my El Cazador piece. It's surprisingly my only graded coin. I should get the Huguenot coin graded because it's a pretty rare piece too.
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